{"url_path":"/sec/bdry/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1610940/0001213900-26-057535-index.html","accession_number":"0001213900-26-057535","cik":"0001610940","ticker":"BDRY","issuer_name":"Amplify Commodity Trust","edgar_url":"https://www.sec.gov/Archives/edgar/data/1610940/0001213900-26-057535-index.html","primary_entity_key":"0001610940","primary_entity_name":"Amplify Commodity Trust"},"word_count":345,"has_tables":true,"body_markdown":"**Item 2. Unregistered Sales of Equity Securities\nand Use of Proceeds**\n\n \n\n(a)None\n\n \n\n \n(b)\n\nThe original registration statement on Form S-1\nregistering 10,000,000 common units, or “Shares,” of the Breakwave Dry Bulk Shipping ETF (File No. 333-218453) was declared\neffective on March 9, 2018. On March 31, 2026, 4,275,040 shares of the Fund were outstanding for a market capitalization of $42,622,149.\nThe offering proceeds were invested in futures contracts, or cash and cash equivalents in accordance with the Fund’s investment\nobjective stated in the prospectus.\n\n \n\nThe registration statement on Form S-1 registering\nan indeterminate amount of common units of beneficial interest, or “Shares,” of the Breakwave Tanker Shipping ETF (File No.\n333-266945) was declared effective on April 28, 2023. On March 31, 2026, 475,100 Shares of the Fund were outstanding for a market capitalization\nof $46,797,350. The offering proceeds were invested in futures contracts, or cash and cash equivalents in accordance with the Fund’s\ninvestment objective stated in the prospectus.\n\n \n\nBDRY does not purchase shares directly from its\nshareholders. In connection with redemptions of baskets held by an Authorized Participant, BDRY redeemed 51 baskets (each comprising 25,000\nshares) during the three months ended March 31, 2026 at an average price per share of $10.77. The following table provides information\nabout BDRY’s redemptions by Authorized Participants during the three months ended March 31, 2026:\n\n \n\nCalendar Month \nNumber\nof Shares\nRedeemed  \nAverage\nPrice\nPaid per\nShare \n\nJanuary 2026 \n 200,000  \n$10.21 \n\nFebruary 2026 \n 175,000  \n 11.76 \n\nMarch 2026 \n 900,000  \n 10.72 \n\nTotal \n 1,275,000  \n$10.77 \n\n \n\nBWET does not purchase shares directly from its\nshareholders. In connection with redemptions of baskets held by an Authorized Participant, BWET redeemed 17 baskets (each comprising 25,000\nshares through February 17, 2026 and 10,000 thereafter) during the three months ended March 31, 2026 at an average price per share of\n$59.99. The following table provides information about BWET’s redemptions by Authorized Participants during the three months ended\nMarch 31, 2026:\n\n \n\nCalendar Month \nNumber\nof Shares\nRedeemed  \nAverage\nPrice\nPaid per\nShare \n\nJanuary 2026 \n 25,000  \n$24.35 \n\nFebruary 2026 \n -  \n - \n\nMarch 2026 \n 170,000  \n 68.90 \n\nTotal \n 195,000  \n$59.99 \n\n \n\n61"}